KiloEx (KILO): More than a DEX — a rewarding ecosystem
Perpetual futures trading is one of the most lucrative areas for cryptocurrency enthusiasts if you know how to navigate the sometimes complex world of these contracts. Unlike standard futures, perpetual futures contracts have no expiration date, allowing traders to hold onto their positions as long as they prefer. You only exit a crypto perpetual (or “perp”) contract when you feel it’s the best time to execute your long or short trade. The lack of an expiration period makes these contracts attractive for traders.
Unfortunately, many crypto perpetual contract trading platforms are far from user-friendly. It seems like many perpetual crypto exchanges assume that only professional traders dabble in these contracts, and along with that assumption goes a second one — that these pros can navigate even the most complex user interfaces. As a result, finding a user-friendly perps platform is a challenge in the world of crypto trading.
KiloEx (KILO) is a perpetual futures decentralized exchange (DEX) that aims to change the status quo by providing a user-friendly environment for traders. Its platform also offers high leverage ratios, integration into the wider liquid staking token finance (LSTfi) ecosystem and generous reward programs for referrers and affiliates.
Thanks to its numerous benefits, this DEX caters to the needs of traders at all levels of expertise who are interested in crypto perpetuals. Operational since mid-2023, KiloEx launched its native token, KILO, in March 2025 to further enhance its platform's reward, staking and governance mechanisms.
Key Takeaways:
KiloEx (KILO), a DEX for trading perpetuals contracts, operates on BNB Chain and several other Layer 2 networks.
KiloEx adopts a unique approach to crypto perps trading by offering a user-friendly interface and tools, generous leverages to maximize your trading potential and multi-token vaults with significant APYs.
The platform's native token, KILO, is used for governance, fee discounts, rewards via airdrops, liquidity provision incentives and staking.
What is KiloEx?
KiloEx (KILO) is a DEX platform launched on BNB Chain (BNB) that specializes in crypto perpetual futures trading. The platform prides itself on offering a user-friendly interface, high leverage ratios of up to 100x, multi-token vaults with generous APYs and a number of reward programs for referrers and affiliates.
Co-founded by Joey Ni (CEO) and Charles Gong (COO), KiloEx was originally launched on BNB Chain's mainnet in June 2023. As of mid-April 2025, the platform has additionally expanded its service coverage to five Layer 2 networks, including Manta Network (MANTA), Base, Taiko (TAIKO), opBNB and B2 Network (B2). This coverage allows KiloEx to access the ecosystems of three leading blockchain platforms — Ethereum (ETH), BNB Chain and Bitcoin (BTC).
Manta, Base and Taiko are Ethereum-focused Layer 2 solutions, while opBNB is an efficient and low-cost optimistic rollup for the BNB Chain, while B2 is a platform linked to Bitcoin that acts as a major Bitcoin DeFi (BTCFi) enabler.
Because it’s a BNB-native platform, KiloEx's industry footprint is most notable within this blockchain's broader ecosystem. In fact, as Apr 17, 2025, KiloEx is the top DEX on the opBNB network by total value locked (TVL).
Source: DefiLlama.com
Using Layer 2 chains allows KiloEx to offer its users fast and low-cost transactions, which isn't always possible on a typical Layer 1 network. It's true that BNB Chain, the primary Layer 1 used by KiloEx, generally has much lower gas fees than Ethereum, the industry's leading smart contracts chain that’s notorious for its exorbitant costs. However, KiloEx's partner Layer 2 networks help drive costs and transaction times even lower. BNB Chain's current average gas fee is slightly over $0.10, while the opBNB Layer 2 rollup's comparable fee is only about $0.005.
In 2024, the platform introduced one of its most innovative features — the Hybrid Vault, which allows liquidity providers to stake multiple assets to earn high yields. That same year, KiloEx significantly expanded its partnership network, becoming an active player in the LSTFi ecosystem. LSTFi is a new stream within the DeFi industry that allows you to use liquid staking tokens (LSTs) on various protocols for additional yield.
Having solidified its market presence in 2024, the project launched its native token, KILO, in March 2025. However, in mid-April 2025, KiloEx suffered a hacking exploit and halted trading on April 15 as a risk management measure, pending investigation of the damage.
KiloEx key features
Hybrid Vault
The Hybrid Vault is among the most innovative features offered by KiloEx. Essentially, it acts similarly to liquidity pools on other exchanges. Liquidity providers can contribute their crypto funds to the vault to support trading activity on the DEX and earn interest on their contributions, based on the fees earned by the protocol.
You can contribute a mix of coins to a KiloEx vault. Supported assets include Tether (USDT), USDC, Wrapped BNB (WBNB), Dogecoin (DOGE), First Digital USD (FDUSD), MANTA, PumpBTC (PUMPBTC) and numerous others.
Depending upon trading activity and the mix of coins contributed, you can earn APYs as high as 30%, making KiloEx one of the most lucrative choices for liquidity providers in this niche.
KiloEx uses a health factor calculation for this type of vault to keep your funds and the entire ecosystem safe. Based on the health factor score of your contribution to the vault, your funds could be liquidated if their value drops dangerously low.
Discounts are also offered for fixed-term deposits for established assets, such as USDT and USDC. Withdrawals for the fixed deposits are processed upon maturity, while all other withdrawals are processed within one to three "epochs," with each epoch on the platform lasting about three days. Thus, depending upon your contributed funds, you’ll wait anywhere from three to nine days to receive your crypto back.
KiloEx referral program
The KiloEx platform also runs a generous referral program under which you can earn rewards for referring your friends to the platform. The amount you earn depends upon the trading volumes generated by the people whom you’ve referred. Additionally, your referees to the DEX can also benefit from fee rebates, again depending upon the volume of trade they generate.
There’s a tiered system, comprising nine levels, based on which you and your friends earn commissions and rebates. Under this system, even those referred traders whose monthly volume is at the lowest level (below $5,000) can still benefit from 5% rebates, while you also earn a 10% commission.
The table below shows the structure of this referral system with percentages for commission and rebates based on monthly trading volumes.
Source: Docs.KiloEx.io
KiloEx Affiliates Program
KiloEx offers an affiliate program for key opinion leaders (KOLs) with a certain level of social media following and influence in the crypto market. KOLs may apply to join the program by filling out an application, which is then considered by the project team within 48 hours.
To qualify for affiliate status, a KOL must have:
an established presence on a social media platform (such as YouTube, X or Facebook), with at least 100 followers
their own online community on channels like WeChat, Telegram or Facebook Groups, with at least 500 members
joined more than five online cryptocurrency groups
Approved affiliates are provided a link to the platform, and are encouraged to invite their followers to trade on the KiloEx. If they invite at least five followers who trade at sufficient levels, the affiliates can start earning their commission. KOLs can earn up to 55% commission, depending upon the referred followers' trading activity.
What is the KiloEx crypto token (KILO)?
KiloEx’s native utility token, KILO, is a BEP-20 asset launched on BNB Chain. It’s used on the platform for governance, fee discounts on trades, rewards via airdrops, liquidity provision incentives and staking.
KILO is a supply-capped asset, with a maximum and total supply of 1 billion. The token’s supply allocation shares are shown in the chart below.
Source: Docs.KiloEx.io
xKILO
xKILO is an escrowed version of the KILO token. You can convert KILO to xKILO at a fixed rate of 1:1. The primary utility of xKILO is to provide boosted liquidity provision, which makes it possible to receive staking rewards. By locking xKILO on the platform, you can access special discounts and other benefits reserved for VIP-level users. Holding xKILO also grants you governance power to vote and influence the platform's future direction.
Unlike KILO, xKILO is nontransferable and isn’t tradable on the secondary market. The only ways to obtain xKILO are either to buy it with KILO or receive it via airdrops.
KiloEx (KILO) airdrop
Platform users can earn points to qualify for KILO airdrops. Typically, you accumulate points by trading, depositing funds, referring others to the DEX, checking in to the platform and completing other specified eligible activities.
The project’s initial airdrop, Genesis Season, had an eligibility snapshot taken back in July 2024. Under the currently running airdrop campaign, Pioneer Season, users can earn points to receive KILO tokens for 180 days past the token generation event (TGE) in late March 2025 (i.e., until late September 2025).
Additionally, you can earn KILO tokens on Bybit simply by participating in the BNB HODLverse event and holding BNB in your account. Every day at various random times, Bybit will take snapshots of your BNB holdings in your Funding and Unified Trading Accounts to calculate the number of KILO tokens you’re eligible for. The campaign will run through Apr 25, 2025, 11:59PM UTC, and you’ll have your share of KILO airdropped seven days after this date.
Where to buy KiloEx (KILO)
You can buy the KILO token on Bybit's Spot Trading market as a swap pair with USDT. If you don't have a Bybit account, you can easily register for one, and access opportunities across hundreds of trading pairs and crypto products on the exchange's Spot and Derivatives markets.
KiloEx (KILO) price prediction
As of Apr 17, 2025, the KILO token is trading at $0.039, which is 76.2% lower than its ATH of $0.1648 on Mar 27, 2025, and 17.3% higher than its ATL of $0.03344 on Apr 12, 2025.
Long-term price forecasts for KILO are mostly bullish. CoinCodex expects the token to trade at $0.0387 in 2027 and then rise to $0.135 in 2030 while PricePredictions predicts average rates of $0.13 in 2027 and $0.25 in 2030.
Closing thoughts
When it comes to perpetuals trading, both traditional centralized exchanges (CEXs) and DEXs have often struggled to offer an intuitive trading experience. In contrast, KiloEx has made user-friendliness a cornerstone of its operations. With KiloEx, you can enjoy a streamlined trading process, access market trends info for thorough research, get an overview of the cryptocurrency market and conduct other activities via an interface that’s designed for anyone, irrespective of their familiarity with decentralized trading.
The platform also boasts a diverse range of other benefits not easily found in the world of perpetuals-based cryptocurrency trading — generous leveraged trading options, trading fee discounts, lightning-fast trades, low trading fees and an innovative Hybrid Vault system. Many of these benefits are thanks to KiloEx's collaboration with several Layer 2 decentralized platforms, which provide the technical infrastructure to enable low costs and fast order processing.
If you’re a crypto perpetuals enthusiast, KiloEx is definitely a platform to peruse.
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